News on Reed Elsevier Group plc

Thomson Reuters sees 2010 revenue flat to slightly down

2010-02-24T07:30:44Z

<div><p>NEW YORK (Reuters) - Thomson Reuters Corp <TRI.TO> <TRI.N> reported a lower quarterly profit and signaled that cutbacks by financial customers last year would continue to hurt revenue in 2010, sending its shares down 2 percent.</p><p>But the company also said net sales were positive in the fourth quarter, and it forecast a return to revenue growth in t...

FTSE 100 ends higher on jittery day

2010-02-22T08:45:02Z

<div><p>Leading shares in London closed higher on Thursday after falling earlier in the trading session.</p><p>The benchmark FTSE 100 index added 0.92 percent to 5,325.09 points.</p><p>Lloyds Banking Group (LBG) ...

Ian Smith resigns as CEO of Reed Elsevier

2010-02-24T07:02:17Z

<div><p>Ian Smith has resigned as chief executive of Reed Elsevier PLC by mutual agreement after just eight months in the job, the publishing and information company announced Wednesday.</p><p>Erik Engstrom, chief executive of Elsevier, the company's global scientific and medical...

Reed Elsevier profits drop 48 pct in H1

2010-02-26T02:41:17Z

<div id="subtitle">Reed Elsevier says H1 profits down 48 percent; to issue new shares to cope with debt</div><div><p>Reed Elsevier Group PLC, the London and Amsterdam-based educational publisher and owner of the FTSE 100 weakened further on Friday after sliding a day earlier on news of greater-than-expected job losses in the United States.</p><p>In late morning trading, the index of leading shares dropped 0.25 percent to 4,223.88 points.</p><p>"There's a 'morning after the day before' feeling ...

Bank deal fails to rescue FTSE

2010-02-28T05:00:28Z

<div><p>For once no one is going to argue with the Prime Minister. We are indeed in "extraordinary times", as Gordon Brown said this morning.</p><p>So extraordinary that the massive bail-out of Britain's banks has done nothing to stop the wave of selling in the market.</p><p>Not even all the bank sh...

London shares close weak

2010-03-04T03:06:01Z

<div><p>Leading shares closed weaker Thursday after a roller-coaster, session as investors digested a slew of corporate earnings with BT Group's numbers disappointing but HBOS pleasing, while Wall Street was mixed after a hefty batch of economic data.</p><p>At the close, the FT...